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Forum: Exploration: Moon to Mars
Topic: Artemis-era Astrovan to transport crews

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Message to Edit: HTML is ON UBB Code is ON Smilies Legend	Originally posted by Robert Pearlman on 05-11-2022 08:44 AM Canoo Technologies, the electric vehicle company that won the NASA contract to provide a modern version of the "Astrovan," warned May 10 it may soon run out of money, [URL=https://spacenews.com/electric-vehicle-company-with-nasa-contract-issues-financial-warning/]reports SpaceNews[/URL]. <BLOCKQUOTE>[i]In a filing with the Securities and Exchange Commission May 10, Canoo Technologies issued what is known as a "going concern" warning because of continued losses. The company reported a net loss of $125.4 million in the first quarter and had $104.9 million of cash available at the end of the quarter. "We believe substantial doubt exists about the Company's ability to continue as a going concern for twelve months from the date of issuance of our financial statements," Canoo stated in the filing.[/i]</BLOCKQUOTE>
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